What a british person smokes.
A disrespecting term for homosexual short for faggots.

British guy: Do you want to smoke some fags?
American guy: Yeah lemme get my gun.
British guy: What? Mostly we use a lighter.
American guy: To kill a homo?
British guy: No I mean this *takes it outta his pocket*
American guy: oooo. No thanks I don't smoke.

A Homosexual male, usually used in a derogatory manner. It's original root comes from the word faggot, which means bundle of sticks. The bundle of sticks is refering to the sticks that people would collect before they were burnt at the stick, so the word fag or faggot is a violent and obscene way of saying I want you to be burned at the stick.

Strait guy number 1: You're such a fag
Strait guy number 2: I am not...

1) Originally referred only to a homosexual male; now it is a generic term of contempt, roughly equivalent to, "I'm a better man than you are and, on a side note, you look somewhat effeminate!"
2) Also a general term of endearment between bros